Guangdong Nedfon Air System Co., Ltd. (SHE:301043)

SHE:301043 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	54.74	164.34	34.16	81.7	188.4	162.49
Short-Term Investments	-	23.13	92.52	-	100	-
Trading Asset Securities	565.7	504.04	477.56	408.21	205	-
Cash & Short-Term Investments	620.44	691.51	604.24	489.91	493.4	162.49
Cash Growth	-5.62%	14.44%	23.34%	-0.71%	203.64%	120.18%
Accounts Receivable	99.46	112.91	80.79	60.63	53.55	34.71
Other Receivables	2.48	2.6	2.67	3.91	2.19	0.88
Receivables	101.94	115.51	83.46	64.53	55.74	35.59
Inventory	115.96	104.25	99.05	150.1	129.57	84.58
Other Current Assets	46	18.3	16.74	10.73	13.35	4.86
Total Current Assets	884.34	929.58	803.49	715.28	692.05	287.52
Property, Plant & Equipment	228.07	224.53	202.68	182.55	155.63	133.96
Other Intangible Assets	89.95	90.11	91.9	82.71	17.04	17.62
Long-Term Deferred Tax Assets	4.63	4.99	6.16	6.15	5.06	2.8
Long-Term Deferred Charges	4.03	5.82	2.77	5.48	6.94	1.63
Other Long-Term Assets	16.4	18.11	14.32	13.43	39.39	7.05
Total Assets	1,227	1,273	1,121	1,006	916.1	450.57
Accounts Payable	53.41	54.87	48.02	46.85	82.67	44.67
Accrued Expenses	8.96	18.97	23.69	13.65	20.62	13.8
Short-Term Debt	278	272.55	165	120	20	53.34
Current Portion of Leases	0.92	1.52	1.84	3.32	2.85	-
Current Income Taxes Payable	9.75	6.87	7.41	0.52	3.35	7.53
Current Unearned Revenue	10.21	13.23	10.66	11.72	14.6	29.71
Other Current Liabilities	1.91	2.16	1.47	1.34	1.53	4
Total Current Liabilities	363.16	370.17	258.09	197.39	145.61	153.04
Long-Term Leases	-	0.25	1.77	3.36	4.7	-
Long-Term Unearned Revenue	6.35	6.8	8.47	8.44	8.34	7.29
Long-Term Deferred Tax Liabilities	8.37	8.16	9.3	9.03	6.82	5.22
Other Long-Term Liabilities	11.08	11.77	12.86	11.27	10.78	9.32
Total Liabilities	388.96	397.14	290.49	229.5	176.25	174.87
Common Stock	68	68	68	68	68	51
Additional Paid-In Capital	454.49	454.49	454.49	454.49	454.49	60.16
Retained Earnings	315.96	353.51	308.35	253.61	217.36	164.55
Shareholders' Equity	838.46	876	830.84	776.11	739.85	275.71
Total Liabilities & Equity	1,227	1,273	1,121	1,006	916.1	450.57
Total Debt	278.92	274.32	168.61	126.68	27.55	53.34
Net Cash (Debt)	341.52	417.19	435.63	363.23	465.85	109.15
Net Cash Growth	-9.03%	-4.23%	19.93%	-22.03%	326.79%	47.90%
Net Cash Per Share	5.01	6.12	6.38	5.31	8.20	2.14
Filing Date Shares Outstanding	68	68	68	68	68	51
Total Common Shares Outstanding	68	68	68	68	68	51
Working Capital	521.18	559.4	545.4	517.89	546.44	134.48
Book Value Per Share	12.33	12.88	12.22	11.41	10.88	5.41
Tangible Book Value	748.5	785.89	738.94	693.4	722.81	258.09
Tangible Book Value Per Share	11.01	11.56	10.87	10.20	10.63	5.06
Buildings	-	139.2	106.27	97.65	91.93	77.2
Machinery	-	171.96	164.01	159.35	100.45	90.54
Construction In Progress	-	45.58	43.45	18.98	7.14	4.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.